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FreightCar America Halting Production in Roanoke, Virginia, in June
Hat tip, Trainorders: Eastern Railroad Discussion > Freightcar-America slated shut down operations.
http://wsls.com/2017/03/29/freightcar-america-halting-production-in-roanoke-in-june/
A reply said:
Date: 03/30/17 15:19
Re: Freightcar-America slated shut down operations.
Author: Jimbo
A more complete story from The Roanoke Times.
http://www.roanoke.com/business/news/roanoke/freightcar-letter-describes-job-cuts-halt-to-production/article_f96cae54-c14b-53e4-9840-84ca354dc73a.html
FreightCar letter describes job cuts, 'halt' to production
By Jeff Sturgeon jeff.sturgeon@roanoke.com 981-3251 18 hrs ago
A late spring “halt” to production at FreightCar America in Roanoke may be temporary, the company told Roanoke leaders.
FreightCar said Wednesday that due to deteriorating business conditions, it intends to lay off 166 workers on April 24 and 198, the “balance” of its Roanoke workforce, on May 28. The company’s plans were conveyed in an email to Roanoke Mayor Sherman Lea, who shared the news with local media. ... The layoffs will go on “until production operations come to a halt,” the letter said. The Roanoke Times obtained a copy of the letter on Thursday.
Company management “hopes and anticipates that this workforce reduction will be a temporary measure of limited duration,” according to the letter, which was signed by Paul Winsauer, a company human resources official. ... However, Winsauer said he could not predict when anyone would return to work.
FreightCar has been assembling railcars on Campbell Avenue for 12 years since leasing the former Norfolk Southern East End Shops in 2005. ... When domestic coal production sagged, so did demand for its coal-carrying railcars. The company predicted no significant pick up in railcar orders this year.
....
Jeff Sturgeon covers the transportation, banking and federal court beats. Contact Jeff at (540) 981-3251 or jeff.sturgeon@roanoke.com. To send something by mail: 201 W. Campbell Ave., Roanoke, VA 24011.
By Jeff Sturgeon jeff.sturgeon@roanoke.com 981-3251 18 hrs ago
A late spring “halt” to production at FreightCar America in Roanoke may be temporary, the company told Roanoke leaders.
FreightCar said Wednesday that due to deteriorating business conditions, it intends to lay off 166 workers on April 24 and 198, the “balance” of its Roanoke workforce, on May 28. The company’s plans were conveyed in an email to Roanoke Mayor Sherman Lea, who shared the news with local media. ... The layoffs will go on “until production operations come to a halt,” the letter said. The Roanoke Times obtained a copy of the letter on Thursday.
Company management “hopes and anticipates that this workforce reduction will be a temporary measure of limited duration,” according to the letter, which was signed by Paul Winsauer, a company human resources official. ... However, Winsauer said he could not predict when anyone would return to work.
FreightCar has been assembling railcars on Campbell Avenue for 12 years since leasing the former Norfolk Southern East End Shops in 2005. ... When domestic coal production sagged, so did demand for its coal-carrying railcars. The company predicted no significant pick up in railcar orders this year.
....
Jeff Sturgeon covers the transportation, banking and federal court beats. Contact Jeff at (540) 981-3251 or jeff.sturgeon@roanoke.com. To send something by mail: 201 W. Campbell Ave., Roanoke, VA 24011.
